RBC North American Equity Basket Autocallable 10.50% Securities (USD), Series 187

Autocall Feature
The notes will redeem automatically (Autocall Redemption Event) if the underlying performance is  > or = to 100% of the Initial Level on the relevant Valuation Date
First callable observation date: July 05, 2024, annual observation dates will follow thereafter
 
In addition to the Autocall Redemption Amount, the following interest payment will be made:
 10.50% in Year 1
 21.00% in Year 2
 31.50% in Year 3
 42.00% in Year 4
 52.50% in Year 5
 
Payoff at Maturity
If the underlying performance is above 100.0%, the above autocall payment applies
If the underlying performance is between 75.0% and 100.0%, the client receives principal
If the underlying performance is below 75.0%, client receives the underlying performance

Initial Price $100.00
Current Price as of 08-Aug-24 Called $111.10
Current ETC 0.00 %
Current Price Less ETC $111.10
ETC End Date 01-Apr-24
Issue Date 05-Jul-23
Maturity Date 10-Jul-28
Term 5 years
Denomination USD
FundSERV Code RBC10096
ADP Code R047986
CUSIP
Product Type Non-Principal Protected
Structure Autocallable
Secondary Market Fundserv
Asset Class Equity – Domestic
Principal ProtectionBarrier
Protection Barrier75 %
Autocallable Level100 %
Coupon Barrier100 %
Coupon10.50 %
Observation TypeEuropean
ALPHABET INC (GOOGL)
AMAZON.COM INC (AMZN)
APPLE INC (AAPL)
BANK OF NOVA SCOTIA/THE (BNS)
CANADIAN IMPERIAL BANK OF COMMERCE (CM)
ENBRIDGE INC (ENB)
FORD MOTOR CO (F)
HOME DEPOT INC/THE (HD)
META PLATFORMS INC (META)
Walt Disney Co/The (DIS)
# of Days since Settlement: 400
Current ETC 0.00 %
Period Date ETC
1 - 60 days 03-Sep-23 3.25 %
61 - 90 days 03-Oct-23 2.75 %
91 - 120 days 02-Nov-23 2.25 %
121 - 180 days 01-Jan-24 1.75 %
181 - 270 days 31-Mar-24 1.00 %
Thereafter 01-Apr-24 0%

Benchmarks




Day Over Day Price Change $0.00
52 Week High $111.10 (08-Aug-24)
52 Week Low $87.73 (27-Oct-23)

Portfolio Ticker
Initial Level
as of 05-Jul-23
Current Level
as of 05-Jul-24
Component Weight
Protection Barrier
Protection Barrier Level
Coupon Barrier
Coupon Barrier Level
Autocall Redemption Level
Percentage Change
Weighted Component
Change
ALPHABET INC GOOGL
121.75
190.60
10.00%
75.00%
91.31
100.00%
121.75
121.75
56.55%
5.66%
AMAZON.COM INC AMZN
130.38
200.00
10.00%
75.00%
97.78
100.00%
130.38
130.38
53.40%
5.34%
APPLE INC AAPL
191.33
226.34
10.00%
75.00%
143.50
100.00%
191.33
191.33
18.30%
1.83%
BANK OF NOVA SCOTIA/THE BNS
64.79
61.60
10.00%
75.00%
48.59
100.00%
64.79
64.79
-4.92%
-0.49%
CANADIAN IMPERIAL BANK OF COMMERCE CM
56.43
65.77
10.00%
75.00%
42.32
100.00%
56.43
56.43
16.55%
1.66%
ENBRIDGE INC ENB
48.86
48.49
10.00%
75.00%
36.64
100.00%
48.86
48.86
-0.76%
-0.08%
FORD MOTOR CO F
15.13
12.84
10.00%
75.00%
11.35
100.00%
15.13
15.13
-15.14%
-1.51%
HOME DEPOT INC/THE HD
310.80
334.58
10.00%
75.00%
233.10
100.00%
310.80
310.80
7.65%
0.77%
META PLATFORMS INC META
294.3700
539.9100
10.00%
75.00%
220.78
100.00%
294.37
294.37
83.41%
8.34%
Walt Disney Co/The DIS
89.79
97.99
10.00%
75.00%
67.34
100.00%
89.79
89.79
9.13%
0.91%
 

Corporate Actions

Effective February 15, 2024: Ford Motor Company paid a special cash dividend of USD $0.18 per share. The adjustment factor is 0.985669.
Observation Date Payment Date Coupon Barrier Level Payment Amount (%) Autocall Redemption Level
05-Jul-24 10-Jul-24 0% 0.00         Autocalled 100%
Distribution Type Interest
Total Distributions to Date $0.00
Total Note Return $111.10
Compound Annual Growth Rate 10.08 %

Disclaimer

The material on this website is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy Notes. An investment in principal at risk notes may not be suitable for all investors. Principal at risk notes are not principal protected and repayment of the principal amount invested is not guaranteed. Any return on principal at risk notes depends on the performance of the underlying assets. Investors should read the applicable Pricing Supplement for an issue of Notes carefully before investing and should discuss the suitability of an investment in the Notes with their investment advisor before making an investment decision. The offering and sale of Notes may be prohibited or restricted by laws in certain jurisdictions. Notes may only be purchased where they may be lawfully offered for sale and only through individuals qualified to sell them in such jurisdictions. Certain information contained herein was obtained from public sources and/or calculated data publicly available. Such information and any statistical data contained herein have been obtained from sources which RBC Dominion Securities Inc. (“RBC”) believes to be reliable, but neither RBC nor the Bank has independently verified the accuracy or completeness of any such information nor assumes any responsibility or liability of any nature whatsoever for the completeness, adequacy, or accuracy of such information. RBC, the Bank and its affiliates expressly disclaim any liability or responsibility to you or to any other person for any general, direct, indirect, incidental, special or consequential losses or damages (including, but not limited to, loss of profits or revenue or failure to realize expected profits or savings or the avoidance of any losses) arising out of or related to the material on this website or its use. Please refer as well to the additional Policies and Disclaimers available at: https://www.rbccm.com/en/policies-disclaimers.page.

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